AUSTRALAND has unveiled plans for its $160 million Kangaroo Point apartment project in Brisbane.

The controversial project will be developed on Brisbane's historic Yungaba House site, which was the first property to be put on the state's heritage register in 1992. The State government sold the site to Australand.

The project will include 68 units in the first stage, and ten luxury homes in the second stage, which will be built into the historic riverfront home.

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